$5,400,000 – Bayonne, NJ (Hudson County)

In April of 2024, Emerald Creek Capital provided a $5,400,000 bridge loan in the Constable Hook neighborhood of Bayonne, NJ. The loan is secured by a newly constructed, 100% occupied, multifamily building with 19 units and 19,318 square feet of net rentable area. Amenities include a common roof terrace, fitness room, on-site parking with 16 spaces, and additional tenant storage. The city of Bayonne is characterized by a unique blend of urban and suburban qualities, along with its historical significance and strategic location. It sits uniquely on a peninsula surrounded by Newark Bay, the Kill Van Kull, and New York Bay, and its neighborhoods offer a range of living experiences, catering to a wide array of preferences and lifestyles. The subject property is accessible by multiple bus lines and the Light Rail.

 

For more information, please contact:

Matt Fantuzzi, Senior Vice President
(646) 237-2570
mfantuzzi@emeraldcreekcapital.com

 

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